About Geojit
Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf.
Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance.
Geojit provides stock trading at ... ![]()
About SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
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Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX ,NCDEX, MSEI. It has 160 branches across India.
| Geojit | SBI Securities | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX-SX | NSE, BSE, MCX ,NCDEX, MSEI |
| Year of Incorporation | 1987 | 2001 |
| Number of Branches | 509 | 160 |
Geojit trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 0. Geojit Demat Account AMC Charges is Zero AMC until 31st March 2027 and SBI Securities Demat Account AMC Charges is Rs 500.
| Geojit | SBI Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Zero AMC until 31st March 2027 | Rs 500 |
Geojit Brokerage Charges for equity is 0.30% and intraday is 0.03% whereas SBI Securities brokerage charges for equity is 0.35% and Intraday is Rs 20 per order.
| Account Type | Geojit Online Traditional Plan | SBI Securities PLAN 499 |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | 0.30% | 0.35% |
| Equity Intraday | 0.03% | Rs 20 per order |
| Equity Futures | 0.01% | 0.05% |
| Equity Options | Rs 50 per lot | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | NA | 0.05% |
| Commodity Options | NA | Rs 50 (sell and buy side) |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Geojit | SBI Securities | |
|---|---|---|
| Account Type | GTrade Max | OIOP - 3K |
| Fixed Charges | ||
| Equity Delivery | 0.30% | 0.20% |
| Equity Intraday | Rs 20 per trade or 0.03% which is lower | Rs 20 per order |
| Equity Futures | Rs 20 per Lot/Rs 40 per lot (Up to 750 lots) | Rs 20 per order |
| Equity Options | Rs 20 per lot (Up to 750 lots) | Rs 20 per order |
| Currency Futures | NA | Rs 20 per order |
| Currency Options | NA | Rs 20 per order |
| Commodity Futures | NA | 0.05% |
| Commodity Options | NA | Rs 50 (sell and buy side) |
| Geojit | SBI Securities | |
|---|---|---|
| Account Type | G Trade Cash | OIOP - 5K |
| Fixed Charges | ||
| Equity Delivery | 0.3% | 0.20% |
| Equity Intraday | Rs 20 per order or 0.03% whichever is lower | Rs 20 per order |
| Equity Futures | Rs 40 per lot (Less than 5 Lakhs) | Rs 20 per order |
| Equity Options | Rs 20 per lot (Less than 5 Lakhs) | Rs 20 per order |
| Currency Futures | NA | Rs 20 per order |
| Currency Options | NA | Rs 20 per order |
| Commodity Futures | NA | 0.05% |
| Commodity Options | NA | Rs 50 (sell and buy side) |
| Minimum Brokerage | 1p per share or Rs 20/contract whichever is higher | Rs 0.01 per executed order |
| Other Charges | Intraday Auto Square off at Rs 20 per lot | |
| Call & Trade Charges | Rs 10 per call for Call & Trade services | |
Geojit margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Geojit | SBI Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Geojit include Flip App, FundsGenie, Options Lab. SBI Securities offers SBI Securities: Stocks & SIP trading software.
| Geojit | SBI Securities | |
|---|---|---|
| 3 in 1 Account | ![]() | ![]() |
| Automated Trading | ![]() | ![]() |
| Margin Trading Funding | ![]() | ![]() |
| Margin Against Shares (Equity Cash) | ![]() | ![]() |
| Margin Against Shares (Equity F&O) | ![]() | ![]() |
| Trading Platform | Flip App, FundsGenie, Options Lab | SBI Securities: Stocks & SIP |
| Intraday Square-off Time | 2:45 PM | |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | ||
Geojit is rated of 5 based on 113 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.
| Geojit | SBI Securities | |
|---|---|---|
| 113 Customer Reviews | 165 Customer Reviews | |
| Fees | ||
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| Overall Rating | ||
| Broker Rating | Geojit is Rated 3.6 / 5 based on 113 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| Geojit | SBI Securities | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Geojit | SBI Securities | |
|---|---|---|
| Stock / Equity | ||
| Commodity | ||
| IPO | ||
| Mutual Funds | ||
| Bond / NCD | ||
| Debt |
| Geojit | SBI Securities | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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